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Trade tensions pose major risks to Asia, with Vietnam potentially being the most affected.
[Golden Finance] According to reports, economists at Capital Economics stated in a report that Trump's tariffs and trade tensions remain a major risk for Asia. They added that Vietnam will be the most vulnerable as it relies the most on final demand from the United States. They expect GDP growth in most parts of Asia to slow slightly this year. In the context of sluggish economic growth and low inflation rates, most parts of Asia may further cut interest rates in the coming months.